Iran Economy NewsIran produces fuel in 5 petrochemical plants to face...

Iran produces fuel in 5 petrochemical plants to face sanctions

-

Bloomberg: Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, the state-run Mehr news agency reported.

By Ladane Nasseri

Sept. 27 (Bloomberg) — Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, the state-run Mehr news agency reported.

Iran is producing fuel in the petrochemical complexes of Imam Khomeini port, Amir Kabir, Jam, Nouri and Arak, Ali- Mohammad Bosaghzadeh, director for production control at the National Petrochemical Co., was cited as saying by Mehr late yesterday.

Gasoline production in its Bu Ali Sina petrochemical plant was stopped in order to make aromatic products for domestic demand, Bosaghzadeh said.

Iran faces international sanctions over its nuclear program, which the U.S. and its allies accuse of being a cover for the development of atomic weapons. Iran rejects the claim.

Latest news

Iran’s 2023 Budget Shrouded In Doubt

On January 22, the Majlis (parliament) approved the draft of the 2023 budget bill proposed by regime president Ebrahim...

Iran: People of Khoy Still Reeling From 5.9-Magnitude Earthquake

An earthquake with a magnitude of 5.9 struck northwest Iran on Saturday, killing at least three people and injuring...

Iran’s Unsolvable Air Pollution Problem

Air pollution will remain at dangerous levels and will increase for the next few days in most big cities,...

The World Must Acknowledge the Iranian People’s Right to Self-defense

Victor Hugo once said: “When dictatorship is a fact, revolution becomes a right.” Throughout history, this has been the...

Iran: 60% Of Population Is Poor

The livelihood baskets of the Iranian people are shrinking dramatically. This, in turn, has introduced new concerns to protect...

The implications of EU’s terrorist designation of the Revolutionary Guards (IRGC)

The European Parliament called on January 18 for the European Union to list Iran's Revolutionary Guards (IRGC) as a...

Must read

Iran’s Ahmadinejad to visit Iraq – report

Iran Focus: Tehran, Iran, Jun. 27 – Iran’s hard-line...

Iran to buy 150 locomotives from Siemens

Iran Focus: Tehran, Iran, Mar. 11 - Iran is...

You might also likeRELATED
Recommended to you